General points about GBPUSD: Today, the trend in the GBPUSD market appears to be favoring buyers. The pair is showing potential for upward movement and could move above the 1.2767 level. This signals a favorable outlook for bullish traders who might...
Technical Analysis USD/CHF H-4 Chart Price: 0.8780 Moving Averages: The price is trading below the MA50, showing a short-term decline and weakening bullish momentum. The price is above the MA200, which maintains a long-term uptrend. The...
Protecting Your Trades with Stop Loss: When trading, one of the most important things you can do is protect your trades with a stop loss. A stop loss is an order that automatically sells a security when it falls to a certain price. This helps limit...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 148.50, and I’m seeing bullish momentum holding steady. The key support level is at 148.00, which aligns with the 50-day moving average. If the pair breaks below this, it could head...
EUR-GBP PAIR ANALYSIS Looking at the price movement on Tuesday, this pair also started the movement by consolidating for quite a long time around its daily open which opened yesterday morning at a price of 0.8274. Buyers occasionally tried to push...